2.Is the Keynes believed on free market economy?



Answer:
Keynes believed that it was appropriate for the government to take steps to stimulate the economy. He also believed it was ok for the government to borrow money. Both annoyed people who believed in a strict "free market" economy.
Keynes believed in any market including Marxist economy as long as it is benificial to his country.

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:
  • What is voodoo economics?
  • Does anyone could help me with these economics questions please?
  • Can anyone "logically" explain the reason for high gas prices?
  • What is the most current dollar value of GDP? (Gross Domestic Product)?
  • How does WB and IMF trade policies to allow corporations ..?
  • Please explian simply the independents and dependent variables in experiments?
  • INDIA is booming ..as an economy ..but how good are our basics..? ?
  • Special question for "just me" -- details on coase theorem?
  • Linearity in a regression model ?
  • How the principles of economics affect?